Nissin Foods Holdings Co.,Ltd. (TSE:2897) announces a share repurchase program. Under the program, the company will repurchase up to 6,200,000 shares, representing 2.03% of its issued share capital (excluding treasury stock), for a total purchase price of ¥20,000 million. The purpose of the program is to return profits to shareholders and strengthen capital efficiency while maintaining financial discipline.

The program will be valid till November 29, 2024. As of March 31, 2024, the company had 304,310,378 issued shares (excluding treasury stock) and 4,274,122 treasury shares.